Search found 128 matches

by index245
Thu Oct 15, 2020 5:49 pm
Forum: Personal Investments
Topic: Backdoor Roth, when Traditional IRA has a bunch of money in it
Replies: 21
Views: 1685

Re: Backdoor Roth, when Traditional IRA has a bunch of money in it

Given the balances in both Rollover IRA's (as well as the active SEP IRA), it is not worth the hassle. I'd contribute to a taxable account instead.
by index245
Mon Sep 28, 2020 3:31 pm
Forum: Personal Consumer Issues
Topic: Kindergartner who is 1-2 grade levels ahead but don’t want to skip a grade. Options?
Replies: 20
Views: 1336

Re: Kindergartner who is 1-2 grade levels ahead but don’t want to skip a grade. Options?

For those of us in their 40's, skipping a grade was common (or starting a year early). It is no longer common and I mostly don't recommend it. I know kids who were identified as "gifted" at an early age, but when they grew up...they were bright, but really should have been in their proper grade. It...
by index245
Mon Sep 28, 2020 3:25 pm
Forum: Personal Consumer Issues
Topic: Kindergartner who is 1-2 grade levels ahead but don’t want to skip a grade. Options?
Replies: 20
Views: 1336

Re: Kindergartner who is 1-2 grade levels ahead but don’t want to skip a grade. Options?

For those of us in their 40's, skipping a grade was common (or starting a year early). It is no longer common and I mostly don't recommend it. I know kids who were identified as "gifted" at an early age, but when they grew up...they were bright, but really should have been in their proper grade. It ...
by index245
Thu Sep 24, 2020 10:01 pm
Forum: Personal Investments
Topic: VTSAX for roughly 10 year investment?
Replies: 11
Views: 1794

Re: VTSAX for roughly 10 year investment?

Hey guys, I'm new to this forum as well as new to Investing. I'm 25 and I have no set time on when I would like to buy a house in the future but probably around 10 years give or take a little. So I decided to throw $23,000 into vanguard mutual funds. $5,000 in VASGX and $18,000 in VTSAX. Is throwin...
by index245
Thu Sep 24, 2020 7:31 pm
Forum: Investing - Theory, News & General
Topic: Is anyone waiting until after the election?
Replies: 188
Views: 19313

Re: Is anyone waiting until after the election?

Between which party would control the White House, the Senate, the House, and whether the Supreme Court will have 8 or 9 members after Election Day, there are in theory 16 possible scenarios. If you are going to wait till after the election before deciding what to do, do you have a plan for each of...
by index245
Thu Sep 24, 2020 12:25 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6796

Re: VXUS - Why? [Vanguard Total International Stock ETF]

Yes, I don't like or dislike, as I don't know the future. But Japan has been a large drag on international indexes the past 30 years or so. Not exactly true. Since mid 2012, Japan has outperformed total international stock index: https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod...
by index245
Thu Sep 24, 2020 12:11 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6796

Re: VXUS - Why? [Vanguard Total International Stock ETF]

I've held international for a long time, but I wonder if a "total international" index is the best vehicle to do so. It provides diversification(*), but it seems that long term good returns are difficult to see given the diversity of regions and countries it encompasses. The regions that are doing ...
by index245
Thu Sep 24, 2020 12:03 pm
Forum: Personal Investments
Topic: VXUS - Why? [Vanguard Total International Stock ETF]
Replies: 109
Views: 6796

Re: VXUS - Why? [Vanguard Total International Stock ETF]

I've held international for a long time, but I wonder if a "total international" index is the best vehicle to do so. It provides diversification(*), but it seems that long term good returns are difficult to see given the diversity of regions and countries it encompasses. The regions that are doing w...
by index245
Wed Sep 23, 2020 2:39 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777633

Re: U.S. stocks in free fall

anoop wrote: Wed Sep 23, 2020 2:27 pm is this a good entry point?
If I knew the answer to questions like this, I'd be a lot wealthier than I am....
by index245
Mon Sep 21, 2020 5:31 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777633

Re: U.S. stocks in free fall

AerialWombat wrote: Mon Sep 21, 2020 5:28 pm S&P500 is more or less back to where it was in early January. Will this be a... lost year? :|
Many of us remember the S&P500's lost decade....

Hopefully we aren't headed for a repeat.
by index245
Fri Sep 18, 2020 9:09 pm
Forum: Investing - Theory, News & General
Topic: The One-Fund Portfolio as a default suggestion
Replies: 360
Views: 61269

Re: The One-Fund Portfolio as a default suggestion

One thing not mentioned is the cost differences between these methods. VG TDF are 15 bp. This LS fund is 13 bp. A 3 or 4 fund is on avg 5 bps ish. Even smaller at some other brokerages like fidelity where my 401k is. Behavioral and cognitive errors will result in most investors costing themselves m...
by index245
Thu Sep 17, 2020 5:47 pm
Forum: Personal Investments
Topic: Best brokerage for PSLDX?
Replies: 9
Views: 784

Re: Best brokerage for PSLDX?

You can buy on Vanguard with a minimum of 25k. I think there are lower minimums elsewhere.

I bought it and then bailed. Decided that my mortgage was enough leverage. Anyhow, it has been an amazing fund the past decade.
by index245
Thu Sep 17, 2020 3:35 pm
Forum: Personal Finance (Not Investing)
Topic: Preparing for retirement in mid 30s
Replies: 311
Views: 21025

Re: Preparing for retirement in mid 30s

I think your main risk is that the assumptions included in the firecalc projection don't pan out. You probably have already done so, but if not I'd run a sensitivity analysis, including the possibility that both the S&P500 and Bond Index underperform historical averages from your day of retirement f...
by index245
Wed Sep 16, 2020 2:08 pm
Forum: Personal Investments
Topic: Throwing In The Towel on Portfolio Management
Replies: 61
Views: 7991

Re: Throwing In The Towel on Portfolio Management

I didn't gasp. I'm in my 40's and feel the same way! Very close to going "one fund" in all tax advantaged accounts. Lifestrategy, Balanced or Target Date (or combination).
by index245
Wed Sep 16, 2020 2:05 pm
Forum: Investing - Theory, News & General
Topic: Stock that can act like bonds
Replies: 33
Views: 2540

Re: Stock that can act like bonds

In your situation, I would personally use cash for the "safe" portion of portfolio, and adjust equity portion upward (if needed) to reach desired risk tolerance.
by index245
Fri Sep 11, 2020 7:26 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 9377
Views: 748339

Re: U.S. stocks continue to soar!

pokebowl wrote: Fri Sep 11, 2020 7:18 pm Where is the "Ex-U.S. stocks continue to soar" thread for today?
It is days like these that I'm thankful for the portfolio "ballast" known as Total International Stock.
by index245
Fri Sep 11, 2020 2:42 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777633

Re: U.S. stocks in free fall

Does anyone know where all the money that's flowing out of the market during this correction is going? Treasuries have been relatively flat, as has gold. Are investors just moving to large cash positions, perhaps to combat uncertainty around the election? Yup, big money is keeping some cash around....
by index245
Tue Sep 08, 2020 7:48 pm
Forum: Investing - Theory, News & General
Topic: Vanguard International Bonds
Replies: 42
Views: 3516

Re: Vanguard International Bonds

I don't think it will affect long term returns. I own Lifestrategy Moderate Growth (11% international bonds). To be cynical and honest, I think the reason is marketing. Vanguard is marketing their products and funds to the world, not just US-based investors. This allows all Target and Lifestrategy f...
by index245
Tue Sep 08, 2020 7:18 pm
Forum: Personal Investments
Topic: Favorite 529 plan these days?
Replies: 21
Views: 1668

Re: Favorite 529 plan these days?

California has low expense ratios on basic index funds.

https://www.scholarshare529.com/

U.S. Equity index: .06%
International Equity: .1%

Principal plus interest (no fee): Currently yields 1.7% through December 31
by index245
Tue Sep 08, 2020 5:24 pm
Forum: Investing - Theory, News & General
Topic: U.S. stocks in free fall
Replies: 20319
Views: 2777633

Re: U.S. stocks in free fall

Such bargains. We can now buy VTI at prices not seen since early August 2020.
by index245
Tue Sep 08, 2020 3:57 pm
Forum: Personal Investments
Topic: I am buying $2000 VFIAX everyday. Am I in trouble
Replies: 36
Views: 5825

Re: I am buying $2000 VFIAX everyday. Am I in trouble

I don't understand the purpose of doing this. What are you trying to accomplish? How long are you going to do it, or how much cash do you have to invest? Do you have any other funds? Paul I have around 1 mil. Maybe should up it to 4k a day. Only reason I am doing this is for my sanity. 2k a day fee...
by index245
Fri Sep 04, 2020 9:38 pm
Forum: Investing - Theory, News & General
Topic: Is it really passive index if S&P actively excludes Tesla?
Replies: 154
Views: 11157

Re: Is it really passive index if S&P actively excludes Tesla?

For what it is worth, TESLA is included in the Technology Index fund and Mega-Cap Index fund at Vanguard https://advisors.vanguard.com/VGApp/iip/site/advisor/analysistools/holdingssearch?searchinfo=TSLA&isin=&orgCode=&selectedFunds= Tesla is also included in the Total World Stock index at Vanguard.
by index245
Wed Sep 02, 2020 5:40 pm
Forum: Personal Investments
Topic: Portfolio review: Currently feeling foolish for being a Boglehead. Help!
Replies: 53
Views: 5011

Re: Portfolio review: Currently feeling foolish for being a Boglehead. Help!

I keep these two quotes on my IPS (they help me, at least, when I consider the index fund path versus the "sure thing" of individual stock investing): William Bernstein: "I'll emphasize three main principles: first, to not get too greedy, second, to diversify as widely as possible, and last, to alwa...
by index245
Mon Aug 31, 2020 7:26 pm
Forum: Personal Investments
Topic: Beginner with windfall needs advice
Replies: 11
Views: 868

Re: Beginner with windfall needs advice

Thanks all for the advice. Hopefully I can stay employed to keep contributing (wife and I are both oilfield). We do not intend to use the money for anything but investing in the market. In planning for unforseen issues (1 year out of work?) can we use some of the dividends that are being paid to su...
by index245
Mon Aug 24, 2020 4:46 pm
Forum: Personal Investments
Topic: David Swensen's US Equity allocations - are they skewed to large caps?
Replies: 46
Views: 2207

Re: David Swensen's US Equity allocations - are they skewed to large caps?

I read the book as well, Swensen focused on a diversified group of asset classes (as opposed to multiple funds within asset classes). He also advocated low cost, passive indexing approach. Here is an interview with overview.... https://www.npr.org/2015/10/17/436993646/three-investment-gurus-share-th...
by index245
Mon Aug 24, 2020 3:34 pm
Forum: Personal Finance (Not Investing)
Topic: Why am I private about my finances?
Replies: 14
Views: 1612

Re: Why am I private about my finances?

Your friends are unusual. The only exception in my circle are people in the same industry discussing salary ranges (per years of experience) for the purpose of (a) hiring norm as they are in management or (b) to help a same-industry friend in their negotiations for a new job. In this sense, the disc...
by index245
Tue Aug 04, 2020 5:56 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7450
Views: 509378

Re: Refinance Mega Thread

Better.com says I cannot have the title issued in my living trusts name. Has anyone dealt with this before - my previous refi with BofA did not have this problem since they were able to get the title issued in name of my living trust after closing. Does any one know how difficult or expensive it wo...
by index245
Tue Aug 04, 2020 3:27 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7450
Views: 509378

Re: Refinance Mega Thread

Better.com says I cannot have the title issued in my living trusts name. Has anyone dealt with this before - my previous refi with BofA did not have this problem since they were able to get the title issued in name of my living trust after closing. Does any one know how difficult or expensive it wo...
by index245
Tue Aug 04, 2020 2:48 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7450
Views: 509378

Re: Refinance Mega Thread

Better.com says I cannot have the title issued in my living trusts name. Has anyone dealt with this before - my previous refi with BofA did not have this problem since they were able to get the title issued in name of my living trust after closing. Does any one know how difficult or expensive it wo...
by index245
Mon Jul 20, 2020 5:35 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 18976

Re: [Average return for 100/0, 70/30 asset allocation]

I guess I'm in the minority, but I never recommend 100% stock --it creates an undiversified portfolio--nothing in the other two major asset classes. Does everyone believe we cannot see an 80% drop ever again? Correct, but many (most?) investors are not Bogleheads. We're looking at a blanket 100/0 r...
by index245
Mon Jul 20, 2020 4:22 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 18976

Re: [Average return for 100/0, 70/30 asset allocation]

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1872211 Investor behavior is often suboptimal. The assumptions this paper makes are not true of discussion of AA within a Boglehead investment framework. Namely from the papers abstract: (1) underperform standard benchmarks (e.g., a low cost index...
by index245
Mon Jul 20, 2020 4:02 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 18976

Re: [Average return for 100/0, 70/30 asset allocation]

Obviously, in the past, stocks have beaten bonds, so a buy and hold investor in the accumulating phase who was 100% equity outperformed a 70/30 investor in any of these charts using historical data. But in the real world, with real people acting emotionally and irrationally at times, I agree that t...
by index245
Mon Jul 20, 2020 10:53 am
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 18976

Re: [Average return for 100/0, 70/30 asset allocation]

Obviously, in the past, stocks have beaten bonds, so a buy and hold investor in the accumulating phase who was 100% equity outperformed a 70/30 investor in any of these charts using historical data. But in the real world, with real people acting emotionally and irrationally at times, I agree that t...
by index245
Sun Jul 19, 2020 11:51 pm
Forum: Investing - Theory, News & General
Topic: [Average return for 100/0, 70/30 asset allocation]
Replies: 345
Views: 18976

Re: [Average return for 100/0, 70/30 asset allocation]

I'm a young accumulator at 150% equities. I guess I didn't get the memo and forgot to capitulate back in March :confused don’t you dare lever bru what if you lost your job!! you will be instantly turned into a frog forever! 60/40 is truth :twisted: Have you had significant investment on the table i...
by index245
Sat Jul 18, 2020 12:03 am
Forum: Investing - Theory, News & General
Topic: “Opinion: The hidden risk in your S&P 500 index fund“
Replies: 18
Views: 2159

Re: “Opinion: The hidden risk in your S&P 500 index fund“

I don't have any issue with it, as by natural consequence the "big dog" companies will make up a disproportionate amount of the index. It is interesting how this changes through the years. A snapshot (top five in market weight): 1980: IBM, AT&T, Exxon Mobil, Standard Oil, Schlumberger 1990: IBM, Exx...
by index245
Fri Jul 17, 2020 7:10 pm
Forum: Investing - Theory, News & General
Topic: Questions for Rick Ferri and Paul Merriman?
Replies: 62
Views: 6535

Re: Questions for Rick Ferri and Paul Merriman?

:sharebeer
UpperNwGuy wrote: Fri Jul 17, 2020 5:29 pm
index245 wrote: Fri Jul 17, 2020 4:46 pm I started a small value tilt in April and May 2020 based on the historic spread between small value and large growth.

Bad idea or stay the course?
DRINK!
:sharebeer
by index245
Fri Jul 17, 2020 4:46 pm
Forum: Investing - Theory, News & General
Topic: Questions for Rick Ferri and Paul Merriman?
Replies: 62
Views: 6535

Re: Questions for Rick Ferri and Paul Merriman?

I started a small value tilt in April and May 2020 based on the historic spread between small value and large growth.

Bad idea or stay the course?
by index245
Mon Jul 13, 2020 3:09 pm
Forum: Personal Finance (Not Investing)
Topic: Wife's new job, pregnancy leave
Replies: 50
Views: 3680

Re: Wife's new job, pregnancy leave

If I were her, I'd build up some experience with the team and then mention it and say she was only planning on taking two weeks off. You could take parental leave instead of her, right? Taking three months off that close to hiring seems unfair to the employer and the team. I do agree that if she ha...
by index245
Mon Jul 13, 2020 2:59 pm
Forum: Personal Investments
Topic: hyper inflation hedges
Replies: 54
Views: 2896

Re: hyper inflation hedges

A low rate (as we have now) 30 year fixed rate mortgage.
by index245
Mon Jul 13, 2020 2:15 pm
Forum: Investing - Theory, News & General
Topic: Why is the stock market up? [thread multi-merge]
Replies: 521
Views: 21786

Re: How is this possible -- stock market continues to soar.

I think the answer is more simple than we believe. 1. People die. That's really a horribly blunt way to put it, but it is a fact of life. 2. Most people understand the death rate is really what matters and the number of "positives" is due to more testing, even of those not showing symptoms. They kn...
by index245
Tue Jul 07, 2020 4:57 pm
Forum: Personal Finance (Not Investing)
Topic: Refinance Mega Thread
Replies: 7450
Views: 509378

Re: Refinance Mega Thread

the LD guys just responded that he'll try to get his VP approve another 1900 to make it true no cost refi. I think I'll just go for it. Let's not be the perfect the enemy of good :greedy I love that quote (Voltaire?). Glad you found a good offer. As long as the refi is no cost, you can just do it a...
by index245
Tue Jul 07, 2020 12:01 pm
Forum: Personal Investments
Topic: How to invest 6,000 in a 3 fund portfolio when admiral shares have a minimal balance of 3,000?
Replies: 27
Views: 2238

Re: How to invest 6,000 in a 3 fund portfolio when admiral shares have a minimal balance of 3,000?

Go with fidelity (see: https://www.bogleheads.org/wiki/Three-fund_portfolio for corresponding funds).

Otherwise, if vanguard is the preferred choice, a vanguard target retirement fund is a great option.
by index245
Wed Jul 01, 2020 5:13 pm
Forum: Personal Investments
Topic: Vanguard Target Retirement Fund Vs. 3 fund portfolio
Replies: 44
Views: 4337

Re: Vanguard Target Retirement Fund Vs. 3 fund portfolio

Rebalancing isn't that difficult if you can multiply, add and subtract. DW claimed she didn't like the idea of rebalancing a portfolio, so I switched to a LifeStrategy fund at 73. Target Retirement Funds are perfectly reasonable and acceptable investment vehicles. (I had DW and the two kids investe...
by index245
Tue Jun 30, 2020 5:03 pm
Forum: Investing - Theory, News & General
Topic: My next move: 1 M in gold and 1 M in Zoom
Replies: 75
Views: 4092

Re: My next move: 1 M in gold and 1 M in Zoom

Would you mind lending me a small million please? Like my mentor Ray Dalio says (quoting a poet) if you give a man a fish, he will eat once, but if you teach a man how to fish, he will eat for the rest of his life. You can do it; you might want to look up transcendental meditation too, perhaps that...
by index245
Mon Jun 22, 2020 6:25 pm
Forum: Investing - Theory, News & General
Topic: Top 10 Things Bogleheads Get Wrong - White Coat Investor
Replies: 143
Views: 14127

Re: Top 10 Things Bogleheads Get Wrong - White Coat Investor

#6 sounds like something I may have said. I didn't click the link (edit: in the article, which I now see doesn't link to this forum, so it wasn't me saying it), it might well have been. #10 is only half right. MMM is not the devil. I'll read the article more carefully later and carefully consider i...
by index245
Fri Jun 19, 2020 11:02 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 16054

Re: Ditching International

With respect to Buffett, the recommendation is more nuanced and is linked to time someone is willing to (or wants to) spending picking investments. He obviously leans toward individual stocks for those willing to put in the time (including himself), and index fund for those who don't. These are int...
by index245
Fri Jun 19, 2020 5:09 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 16054

Re: Ditching International

Not correct on Jack Bogle What I said is precisely true and correct. You can make excuses and explanations all you want. They don't change reality. Also, all you have to do is buy Berkshire to invest exactly like Buffett. Its pretty easy to do. If you're going to appeal to authority by referencing ...
by index245
Fri Jun 19, 2020 2:19 pm
Forum: Personal Investments
Topic: Ditching International
Replies: 274
Views: 16054

Re: Ditching International

Not correct on Jack Bogle What I said is precisely true and correct. You can make excuses and explanations all you want. They don't change reality. Also, all you have to do is buy Berkshire to invest exactly like Buffett. Its pretty easy to do. If you're going to appeal to authority by referencing ...
by index245
Tue Jun 16, 2020 3:06 pm
Forum: Personal Investments
Topic: International stock exposure...is up to 40% necessary?
Replies: 71
Views: 5325

Re: International stock exposure...is up to 40% necessary?

This is one of the most commonly argued questions in the forum, to the point of it almost being an in-joke. A few miscellaneous points. All percentages refer to international stocks as a percentage of all stocks within a portfolio. a) John C. Bogle did not think that any international stock exposur...
by index245
Mon Jun 08, 2020 4:23 pm
Forum: Investing - Theory, News & General
Topic: Are any market timers cashing out soon?
Replies: 74
Views: 8098

Re: Are any market timers cashing out soon?

Is it only me who gets a kick out of the folks that start sentences with statements like "I am not a market timer but ..."? I am TRULY not a market timer. Only changes I am making are to re balance to my AA as per my IPS. Technically, I'm half a market timer. When I think the market is low, I buy m...